PrintSpausdinti
 

Taxes in Lithuania

2016

 

Laws of the Republic of Lithuania provide for 25 taxes. Principal taxes are the following:

 

  Object of the tax   Tax and rate
  Profits     15% or 5% Corporate income tax*
  Dividends

According to Double Tax Agreement.

 

If there is no Double Tax Agreement, 15% personal income tax is applicable for natural person

 

No taxes for dividends for legal person from European Union 

  Wage

  15%  Personal income tax

  39,98%  Health insurance

  0,2%  Payment to Guarantee Fund 

  Property    0,3% – 3% property tax
  VAT    21%

 

* If average number of employees does not exceed 10 and income during the tax period does not exceed 300 000 €, a rate of 5% shall be imposed.